How Artificial Intelligence will change the future

AI (Artificial Intelligence) has revolutionised our lives in numerous ways over the last few
decades. It impacts on what we buy, where we travel, what films or TV shows we watch, which
music we listen to and, most importantly, the way we work.
1. The future of AI in the workplace
2. Examples of AI in the workplace today
3. Benefits of AI in the workplace

AI is transforming the way we work across almost every industry. Marketing, business,
finance, tech, healthcare and many other sectors are now intertwined with AI technology. It is helping to shape the way we carry out complex tasks, how we manage our systems, and how we integrate our networks across the globe. Understanding the importance, application, and presence of AI is crucial, as it will propel us into the future.

The future of AI in the workplace
Smart technologies are already a deeply ingrained feature of our lives, not only in the cutting-
edge tech world, but also across all areas of work, commerce, and even our homes. AI
systems are revamping many processes of service and production, redesigning the entire framework of many key industries around the world and transforming our economy.

The effects of AI are far-reaching; smart appliances in our homes, AI-based virtual assistants, chatbots, financial prediction models, social media, online shopping and manufacturing are all examples of AI-driven activities.

According to a 2021 report by McKinsey, AI adoption continues to grow, and the benefits are significant. The results of their survey indicated that 56% of all respondents claim to use AI-driven technology for at least one key operation in their business. This is not only limited to the Western world; 57% of respondents from China, Africa and the Middle East also report
adopting AI, with the largest growth being seen in India.

This growth is forecasted to continue, according to PwC’s Global CEO Survey, which has
predicted that digitisation and automation goals are a key aspect of 54% of companies’
long-term corporate strategies.
The utility, reach and application of AI systems is undeniable, so we can only expect the future
of AI to be extremely strong. Applied correctly, and with the relevant oversight and regulation,
artificial intelligence in the workplace will be (and already is) extremely important, and can only
be expected to be more and more prevalent as we move into the future. The key is
understanding how we can harness this deep-learning technology to serve our operations
successfully.

Examples of AI in the workplace today
Artificial intelligence in the workplace is all around us. Our phones, Google Assistant, Alexa and Siri are all widely adopted AI applications that we use every day. Other examples include chatbots and virtual assistants, web search engines, job applications that are screened through AI tech, weather prediction models, and smart technology used in modern cars.

In manufacturing, AI is used to optimise the product development process to find ways of improving the company’s processes, materials and operations. It can be applied to automate maintenance, repairs and replacement of machinery, as well as the physical manufacturing of the products themselves.

In healthcare, AI is used to help diagnose illnesses such as cancer with a much higher success
rate than a human radiologist could. Artificial intelligence is widely used by pharmaceutical
companies to accelerate the drug discovery process and help treat patients more effectively
through cutting-edge medical trials.
Chatbots have revolutionised the way that companies interact with their customers in the digital world. They are able to decode both spoken and written language by using natural

language processing and provide almost instantaneous and accurate responses. Not only are
they essential in reducing costs and driving efficiency, AI chatbots can also be used by the employees themselves, as they can act as virtual team members and assist staff in managing their schedules, prioritising tasks, completing IT operations and even conducting meetings.

Artificial intelligence is also helping us to reduce emissions by creating more energy- efficient buildings and infrastructure. According to the US Department of Energy, commercial buildings waste up to 30% of the energy they use, so AI can be utilised to help reduce this waste in the pursuit of a more eco-friendly approach. IoT sensors and AI technology are offering companies smarter energy management platforms, which help to anticipate peak energy usage and redistribute systems accordingly.